Altcoins to stay choppy until Bitcoin hits ‘exuberant move’ — Analyst

Nov 29, 2024 · In a Cointelegraph interview at Aus Crypto Con, Swyftx lead analyst Pav Hundal said altcoins will “remain choppy” until Bitcoin hits an “exuberant move.”

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Altcoins To Stay Choppy Until Bitcoin Hits ‘exuberant Move’ — …

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Altcoins will keep swinging between big rallies and pullbacks until Bitcoin confirms a breakout past the $100,000 mark, according to a crypto analyst. “We’re really waiting to see that exuberant …

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The Potential For Altcoin Gains Depends On Bitcoin’s Next Move

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Nov 29, 2024 · 😲 Altcoins will remain volatile until Bitcoin hits an "exuberant move" above $100,000, according to Swyftx lead analyst Pav Hundal. Bitcoin dominance, which measures …

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Altcoins To Stay Choppy Until Bitcoin Hits ‘exuberant Move’ — Analyst

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Nov 29, 2024 · Altcoins will keep swinging between big rallies and pullbacks until Bitcoin confirms a breakout past the $100,000 mark, according to a crypto analyst. “We’re really waiting to see …

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Altcoins To Stay Choppy Until Bitcoin Hits ‘exuberant Move’ — …

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Nov 29, 2024 · Altcoins will keep swinging between big rallies and pullbacks until Bitcoin confirms a breakout past the $100,000 mark, according to a crypto analyst. “ | Bitget crypto news! Bitget …

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Altcoins To Stay Choppy Until Bitcoin Hits ‘exuberant Move’ — Analyst

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Altcoins To Stay Choppy Until Bitcoin Hits ‘exuberant Move’ — Analyst

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Nov 29, 2024 · Altcoins will swing between big rallies and pullbacks until Bitcoin confirms a breakout past the $100,000 mark, according to a crypto analyst. “We’re really waiting to see …

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FAQs about Altcoins to stay choppy until Bitcoin hits ‘exuberant move’ — Analyst Coupon?

Should you invest in altcoins when the bitcoin market is dropping?

The dependency of altcoins on bitcoin is at its most obvious when the bitcoin market is dropping. If you want to invest in altcoins, avoid them when bitcoin decreases in value. It’s all about strategy. Altcoin investors keep waiting for the markets to decouple, but it still hasn’t happened. ...

Will Bitcoin (BTC)'remain choppy' after a six-figure price level?

Hundal said that while there are “diamonds in the rough” outperforming Bitcoin (BTC), like several memecoins, most altcoins will likely “remain choppy” until Bitcoin passes the six-figure price level. On Nov. 23, Bitcoin narrowly missed $100,000, reaching $99,605. At the time of publication, it’s trading at $96,476. ...

Can altcoins reach a new all-time high market capitalization?

“For altcoins to reach a new all-time high market capitalization, they will require a significant influx of fresh capital to crypto exchanges. The altcoin market cap below its previous ATH indicates reduced fresh liquidity from new exchange users,” he added. This article does not contain investment advice or recommendations. ...

Will altcoin season be the same as previous cycles?

However, CryptoQuant CEO Ki Young Ju recently warned his 374,200 X followers not to expect the altcoin season to be the same as in previous cycles. Ju said this is due to institutional investors driving the current Bitcoin rally, who have little interest in the more speculative tokens. ...

Will 'violent declines in Bitcoin dominance' begin next month?

Pseudonymous crypto trader Mikybull Crypto said in a Nov. 28 X post that “violent declines in Bitcoin dominance will begin next month.” However, CryptoQuant CEO Ki Young Ju recently warned his 374,200 X followers not to expect the altcoin season to be the same as in previous cycles. ...

Why is the altcoin market cap below Ath?

The altcoin market cap below its previous ATH indicates reduced fresh liquidity from new exchange users,” he added. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. ...